Before talking to a bankruptcy attorney, it is important that you know what your options are. Filing for bankruptcy can be an extremely confusing process, and it will benefit both the client and the lawyer if there is no miscommunication...

Many Americans face the decision to borrow enormous amounts of money from lenders to complete their higher education goals. The decision becomes tough once graduation hits, and the borrower must begin paying that debt back. For most, this is an...

When people are struggling with too much debt, they may find themselves wondering how Chapter 7 bankruptcy works. This type of bankruptcy is one of the most common. It allows individuals to liquidate their assets in order to pay off...

Chapter 7 bankruptcy is a type of bankruptcy that requires you to repay some of your debts over time. This type of bankruptcy allows people to keep all their property, including any car, home or other valuables. Chapter 7 bankruptcy...

Most individuals regard filing for bankruptcy as the last hope for returning to a stable financial situation. While the term “bankruptcy” may seem daunting at first, filing is indeed a viable method of settling large amounts of debt. Sometimes, one’s...

There is nothing more stressful than possessing a large amount of debt that is impossible to pay with your current income and payment plan. To make matters worse, as you continue to miss payments the debt only grows, and it...

There are many ways in which an individual can file for bankruptcy and alleviate substantial debt. However, the bankruptcy plan that you choose is dependent upon your unique finances. If you have a steady income and desire to keep your...

Many individuals experience fear and anxiety upon the very mention of the word “bankruptcy.” For those who are unfamiliar with what the process of filing for bankruptcy entails, these feelings are understandable. However, in reality, when a person or business...

The idea of filing for bankruptcy might sound like a dramatic move to take, but it's actually the best decision you can make if you're too deep in debt. It may seem scary at first, but there are some really...

Although you may feel you are drowning in a sea of debt, there are viable methods for returning to shore and resuming your life—with a more manageable debt repayment plan. For individuals who receive a substantial income and want to...